Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending December 22, 2007

Filer Filing Type Filing Proposal End of Comment Period
BANK OF NORTH FLORIDA * Branch Bank of North Florida, Jacksonville, Florida, to establish a branch located at 1432 1st Street, Sarasota, Florida, to be designated as the main office.
Newspaper: 12/20/2007
Federal Register: Not applicable
CAIXA DE AFORROS DE VIGO, OURENSE E PONTEVEDRA FBSEA Caixa de Aforros de Vigo, Ourense e Pontevedra, Vigo, Spain, to establish international bank branches in New York, New York, Chicago, Illinois, Los Angeles, California, and Houston, Texas.
Newspaper: Not available
Federal Register: Not applicable
COMPASS BANK * 18C Compass Bank, Birmingham, Alabama, to merge with: The Laredo National Bank, Laredo, Texas: State National Bank, Fort Worth, Texas: and Texas State Bank, McAllen, Texas.
Newspaper: Not available
Federal Register: Not applicable
FRANKLIN BANCSHARES, INC. * 3A1 Franklin Bancshares, Inc., to become a bank holding company by acquiring 100 percent of the outstanding shares of Bank of Franklin, both of Meadville, Mississippi.
Newspaper: 01/13/2008
Federal Register: 01/18/2008
SUMMERVILLE/TRION BANCSHARES, INC. * 3A3 Summerville/Trion Bancshares, Inc., Summerville, Georgia, to acquire 100 percent of the outstanding shares of Dunnellon State Bank, Dunnellon, Florida.
Newspaper: Not available
Federal Register: 01/04/2008
SUNTRUST BANKS, INC. * 3A5 SunTrust Banks, Inc., Atlanta, Georgia, to merge with GB&T Bancshares, Inc., Gainesville, Georgia, and thereby acquire its subsidiaries, Gainesville Bank & Trust, Gainesville, Georgia; Mountain State Bank, Dawsonville, Georgia; First National Bank of Gwinnett, Duluth, Georgia; First National Bank of the South, Milledgeville, Georgia; Home Town Bank of Villa Rica, Villa Rica, Georgia; Community Trust Bank, Hiram, Georgia; and United Bank & Trust Company, Rockmart, Georgia.
Newspaper: Not available
Federal Register: 01/15/2007


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco